Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.

J. P. Morgan

"Sell down to your sleeping point"

Monday, November 16, 2009

Morning notes

Euro struggles with 1.495... and by struggle I mean; moves above and below it.

Futures up 9 up 11 up 7... Takes guts to buy it up there, I'll be curious how price discovery goes.

Predictions.... No advantage here. So.... I should be in bed.

Traders are in the range, so whichever way it breaks out of the range they will but Buying it or selling it....

I hope that works for them...

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